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Disruptive Real Estate

Mill Hill Developers · Palm Deira

Allegro Residences

  • Apartments
Starting from
AED 2,480,000
Bedrooms
On request
Size
771–2,149 sqft
Payment plan
On request
Completion
18%
Available
On request
Handover
April 2026

About Allegro Residences

Palm Deira Waterfront Living

Allegro Residences sits on Palm Deira, part of the wider Dubai Islands development being delivered by Nakheel along Dubai's northern coastline. The project is a single G+2P+8 building comprising 60 units, built with a concrete structure and finished internally and externally to a residential standard. As of the current build stage, the project is roughly 18% complete, with a target end date in April 2026.

Properties for sale in Palm Deira at Allegro are positioned as apartments aimed at buyers seeking a coastal address close to the mainland rather than a remote island retreat. The building's height and unit count keep the development compact by Dubai Islands standards, distinguishing it from the larger towers found elsewhere in the master community.

Architecture and Interiors

The residences are designed around expansive interior layouts and a lobby finished with a contemporary material palette. Living spaces, master bedrooms and bathrooms are presented with a modern aesthetic that favors clean lines and natural light, consistent with the coastal setting of Dubai Islands.

Kitchens and bathrooms follow a similarly restrained, functional design brief. The building's podium level houses a lap swimming pool, while the rooftop is reserved for a separate infinity pool, giving residents two distinct swimming environments within the same address.

Amenities and Yacht Club Access

Allegro Residences includes a rooftop infinity pool, a podium-level lap swimming pool, a state-of-the-art gym, a co-working space, a sports cinema room, a games room, a landscaped garden, plus a kids' splash pool and dedicated kids' play area. This spread of facilities covers fitness, remote work, entertainment and family use within a single building footprint.

Buyers receive a complimentary one-year Yacht Club subscription through Xclusive Yachts, the developer's sister company. The membership grants access to a fleet of yachts and nautical experiences, an amenity tied directly to the project's waterfront positioning rather than a generic add-on.

Developer Track Record

Allegro Residences is developed by Mill Hill Developers, a company with a 20-year history across UK and UAE markets. Its portfolio spans 5-star hotels in Central London, apartment schemes in Birmingham, and villas on Palm Jumeirah. Allegro is described by the developer as its flagship project on Dubai Islands.

Sales advisory for the project is handled by McCone Properties, a Dubai-based real estate advisory firm with over 12 years in the market, offering developer advisory and investor-facing services through the buying process.

Key highlights

  • 60 units across a single G+2P+8 building on Palm Deira
  • Complimentary one-year Xclusive Yachts Club membership included
  • Rooftop infinity pool plus separate podium-level lap pool
  • Developed by Mill Hill Developers, active in UK and UAE for 20 years
  • 8 minutes from Gold Souk, 10 minutes from DXB airport
  • Target completion April 2026

Why this project

  • A 60-unit waterfront building on Palm Deira with a complimentary year's Yacht Club membership from Xclusive Yachts.

Amenities

  • Rooftop infinity pool
  • Podium-level lap swimming pool
  • State-of-the-art gym
  • Co-working space
  • Sports cinema room
  • Games room
  • Landscaped garden
  • Kids' splash pool
  • Kids' play area

Location

Connectivity from Palm Deira

Allegro Residences is positioned within reach of Dubai's key destinations: the Gold Souk is roughly 8 minutes away, Dubai International Airport (DXB) around 10 minutes, Dubai Frame about 12 minutes, and both the Museum of the Future and Burj Khalifa approximately 16 minutes by car. Dubai International Financial Centre is also around 16 minutes away.

Jumeirah Beach is roughly 20 minutes from the project, with Burj Al Arab around 26 minutes and Dubai Marina at the far end of the commute range, about 28 minutes away. This puts Allegro closer to the older city center than to the newer coastal districts further south.

Dubai Islands Master Community

Dubai Islands, the broader master community surrounding Palm Deira, is a Nakheel-led waterfront development spanning 9 marinas, 21 km of beachfront, 86 planned resorts and hotels, and two golf courses (an 18-hole and a 9-hole course). The masterplan groups wellness and eco resorts, a marina village, beach clubs, a sports and aquatic centre, and a mall alongside residential districts.

Within this layout, Palm Deira falls under the urban island residential and waterfront residential zoning, giving Allegro Residences access to shared amenities across the wider island as they are delivered, in addition to the building's own facilities.

Project information

Developer
Mill Hill Developers
Location
Palm Deira
Handover
April 2026
Total units
60
RERA Escrow
First Abu Dhabi Bank
DLD Project #
3404

DLD-verified today

Project intelligence

Live DLD data

Real Dubai Land Department transactions and rent contracts — not developer marketing.

Allegro Residences — handover progress

18%
LaunchOct 2024
Today3mo to handover
HandoverApril 2026

Palm Deira market

2 br · 2,048 sales analyzed

High activity
Avg / sqft
AED 2,676
Sales last 6 mo
716
Year-on-year
+11.6%
4.8%

Indicative gross yield

At the starting price of AED 2,480,000, typical rent for a 2 br in Palm Deira (AED 117,850/year, ~AED 9,800/month) implies a 4.8% gross yield.

Based on 1 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.

Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.

Frequently asked questions about Allegro Residences

Is Allegro Residences on Palm Deira finished?

No. As of the latest project update, construction is around 18% complete, with a targeted completion date in April 2026.

How many units does Allegro Residences have?

The project comprises a single G+2P+8 building with 60 units in total.

Who is developing Allegro Residences?

Allegro Residences is developed by Mill Hill Developers, a firm with a 20-year track record across the UK and UAE, including projects on Palm Jumeirah and in Central London and Birmingham.

What amenities come with Allegro Residences?

The building includes a rooftop infinity pool, a podium-level lap pool, a gym, co-working space, a sports cinema room, games room, landscaped garden, kids' splash pool and play area, plus a complimentary one-year Yacht Club membership through Xclusive Yachts.

Where exactly is Allegro Residences located?

It is located on Palm Deira, part of the Dubai Islands master community developed by Nakheel along Dubai's northern coastline, roughly 8 minutes from the Gold Souk and 10 minutes from Dubai International Airport.

Who handles sales for Allegro Residences?

McCone Properties, a Dubai-based real estate advisory firm with over 12 years of market experience, provides developer and investor advisory services for the project.

Get the Allegro Residences brochure

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